The Azulcocha Regional project was initiated in 2010 to search for zinc deposits in the favorable terrain between the Azucocha mine and the Cercapuquio mine that is located approximately 60 kilometres to the southeast. The area also includes the Mario property that is presently being explored by Fortuna Silver. Extensive research of existing data plus the detailed interpretation of Aster satellite photos resulted in the staking of 11,100 hectares in 22 mining concessions. The claims are located on both limbs of the major syncline that trends NW-SE between the two mines.

The zinc mineralization in the area is directly related to the mid Jurassic Chunumayo formation that is dominantly lacustrine limestone and dolomite with narrow interbeds of volcanic-derived sediments. The key to exploration in the area is to identify zones of anomalous zinc within the Chunumayo in areas where karstic structures have developed. The high grade, low temperature zinc-manganese bodies such as Azulcocha and Cercapuquio have formed where the original volcanogenic manto deposits in the Chunumayo sourced the hydrothermal solutions that filled the open spaces and replaced the matrix in the karst breccias.

Five anomalies of zinc plus pathfinder minerals been identified on the new claims. The largest and strongest anomaly is located about 20 kilometres south of the Azulcocha mine immediately northwest of a property held by Gitennes. The multi-element Aster anomaly is over 4 kilometres long with a NW-SE orientation and a series of small lakes in the area indicates the presence of karst structures. A program of detailed mapping and close spaced rock geochem is planned to evaluate the anomaly.